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What method of valuing professional or business goodwill looks at the net income of a professional practice or business for one year then subtracts what
What method of valuing professional or business goodwill looks at the net income of a professional practice or business for one year then subtracts what a reasonable salary would be for someone of comparable experience then multiplies that by a multiplier of some value?
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The method youre describing is commonly known as the Excess Earnings Method or the Capitalization of ...
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
9th Edition
978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062
